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- Adventure #40 - Huddle01
Adventure #40 - Huddle01
web3 video meetings and decentralized infrastructure
GM š
Real quick - Iām speaking with a cool VC fund tomorrow.
If youāre building in DeFi or Infrastructure, reply to this email with your blurb & website.
^ Iāll do my best to bring you up in the conversation.
In other news, Iām working on something cool.
Will share more asap.

side project vibes
Anyhow, letās move on to the newsletter
Today's plan is as usual šļø
Use this framework to look into a business:
(1) The product
(2) The founding team
(3) Funding & Hiring
Current events + business talk
(5) Meme of the week
(6) Hustler's ambition
Disclaimer: None of this is sponsored, I choose what to write about. This is not financial advice either!
Today is dedicated to Huddle01

Heads up: Huddle01 is the most challenging product Iāve ever reviewed.
I see thereās something unique about it but I apologize if I canāt quite unveil that for you š
The Product
(i) problem
risk of privacy leaks with web2 platforms (e.g. Zoom)
performance issues (because of routing)
storing recordings of calls is expensive
multistreaming is challenging
Once again, these are what Iāve pieced together after my research.
Maybe thereās more.
(ii) solution
Huddle01 is building a decentralized network to facilitate open, borderless and secure audio/video communication between users.
Huddle01 is kind of like a protocol because people can build on top of it.
But it also has a product - a video conferencing product (like Zoom but decentralized) with many cool features:
log in with just a wallet
storage of calls is on IPFS
meetings can be token-gated
you can stream to multiple platforms
But also, Huddle01 gives SDK (software development kit which I think means plug-n-play code) to others so they can fork (i.e. copy) the product.
And in fact some pretty big players like Messari and Lens are using Huddle01.

One thing thatās coming for Huddle01 is being able to run a node and secure the network (which leads to decentralization)
Why would you do that?
Because youāll be incentivized (likely with tokens).
^ Thatās how ETH validators work.
What may this tell you?? There will be a token haha.
(iii) demo
Hereās how the dashboard looks like

Aakash (from Doodhwala) and I had a meeting through Huddle and it worked really well.
The meetings window is lovely too! Unlike Google meets, here you have reactions (if youāre having a call with multiple people or a webinar thing).

Is cool, I like it! I see one friction point for why users would choose a web2 platform over Huddle01.
With Zoom/Google meets, one can integrate AI tools like Fireflies to transcribe the meeting and give highlights.
(iv) how you can benefit
use the video conferencing product
use Huddle01ās SDK and build on top of it
participate in their Hackatons (they got many)
Wrapping up @Filecoin X @ETHGlobal 's Space Warp šø with 29 exciting projects #BuiltOnHuddle01 āļø
Thank you to all the builders who hacked with us and shipped some great dApps powered by Huddle01's communication layer š š¬
Tap to checkout the winners ⤵ļø
ā Huddle01 (hiring) (@huddle01com)
8:37 AM ⢠Feb 14, 2023
The founding team

Funding and Hiring
A) Funding - yes
Grant: $1.8mil
Seed: $2.8mil led by Hivemind
super excited to announce that @huddle01com has raised $2.8M in a seed round led by @HivemindCap, taking our total raise to $4.5M.
this raise gives us enough firepower to build the world's 1st people-powered real-time communication network and march toward our vision of open,⦠twitter.com/i/web/status/1ā¦
ā Ayush Ranjan | Huddle01 (@ranjan3118)
11:58 PM ⢠Apr 7, 2023
B) Hiring - yes
At the time of writing (3rd May), Huddle is hiring for Marketing and Engineering positions
Favourite meme of the week

the glory of pepe
Hustler's Ambition
(A section dedicated to frameworks/ideas/tools)
How did $PEPE go crazyyyyyyy? Vlad explains in the article below
and a cool slide from Justin Welsh

Thatās it from me.
See you next Mondayš
- Mitko
ps last weeks deep-dive:
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